Sunday, June 10, 2018

B-School Bulletin: Teaching In View Of #MeToo - Poets&Quants

Charlice Hurst, professor at Mendoza. Photo by Barbara Johnston/University of Notre Dame

News from Notre Dame University Mendoza College of Business

“After the astonishing cases of fraud at major companies such as Enron and Arthur Andersen came to light in the early 2000s, business schools were widely criticized for not providing a robust ethics education to business school students. We find ourselves under the microscope again, as the public has been regaled almost daily in recent months with stories of inappropriate sexual conduct at organizations as diverse as the Weinstein Co., Fidelity, NPR, Uber, Harrah’s and The Humane Society.

“Laying responsibility for sexual harassment in organizations at the feet of business schools may seem unreasonable. After all, business disciplines are hardly the only ones funneling students into workplaces, and the allegations are coming in from all sectors.

“However, scholars in my field of management do bear a particular responsibility here. We produce much of the research on sexual harassment and often counsel organizations on such issues. We are, thus, in a unique position to educate our students about this topic and to lead the dissemination of best practices in teaching sexual harassment to students across the university, regardless of discipline.”

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Lending To Startups: Not As Risky As You’d Think

News from UCLA Anderson School of Management 

“Lending to cash-burning startups might at first glance seem like a chump’s game. Most lenders want commercial borrowers to show positive cash flow or at least enough liquid assets to cover any debt. Young, venture-backed companies rarely have either.

“Yet loans to these companies are on the rise. In a working paper, Juanita González-Uribe of the London School of Economics and UCLA Anderson’s William Mann aim to explain why.

“Based on an analysis of more than 1,800 venture loans, along with loan contracts from three of the largest venture lenders, the authors suggest that venture loans have a relatively low risk of default and are nearly always backed by collateral, typically the intellectual property of the borrowers. Venture loans give borrowers a way to cover short-term cash needs and ‘extend the runway’ until the next round of venture-capital investment, which is usually more than enough to repay the debt fully. In effect, it isn’t the seemingly high-risk startup that guarantees the loan. It’s the startup’s deep-pocket venture backers.”

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Happiness Matters: The How & The Why

News from London Business School

“Happiness is big business. Organizations are now taking an intense interest in happiness and the link to productivity. Governments too are moving away from the purely economic concept of GDP to measuring the well-being of a nation. Find out why happiness matters and how to create happier workplaces and a happier you.”

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Study: TV Ads Linked To Enrollment In ACA Marketplace In 2014

News from University of Minnesota Carlson School of Management 

“In 2017, the Trump administration decided to cut all television advertising for HealthCare.gov, the federal health insurance marketplace started in 2014 as a result of the Affordable Care Act (ACA). This action alarmed researchers and advocates because robust marketing is considered important for getting people who need insurance enrolled and for maintaining a functioning insurance market with a mix of healthy and sick enrollees.

“But how much do television ads matter? While there has been limited research on this question, a new study led by University of Minnesota researchers published in the June issue of Health Affairs examined the relationship between television media (including health insurance ads, political advertising and news media) and shopping for and enrolling in health insurance in 2014.”

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Andrew Ainslie. Rochester Simon photo

Andrew Ainslie & Jamal Rossi Reappointed To Five-Year Deanships

News from University of Rochester Simon Business School

Simon Business School Dean Andrew Ainslie and Jamal Rossi, the Joan and Martin Messinger Dean of the Eastman School of Music, have both been appointed to new five-year terms by University Provost Rob Clark. The Board of Trustees approved these deanship renewals at its May meeting, and Ainslie’s and Rossi’s new terms will be effective July 1, 2019.

Ainslie became the seventh dean of the Simon Business School in May 2014, and since then has led strategic curriculum and recruitment changes, including reducing the program offerings to sharpen the focus of the admissions, faculty, career placement, and administrative staff.

He has also concentrated on the expansion of the undergraduate business program, and has worked with faculty to move the Simon School from quarters to semesters to better meet student needs.

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Darden professor emeritus Robert Spekman recently published his most personal book yet chronicling his decades-long fight with Parkinson’s disease. Photo: Darden School of Business

Former Professor’s Battle With Parkinson’s Disease Leads To Inspirational Book

News from University of Virginia Darden School of Business

“Professionally, Robert Spekman was at the top of his game as 1994 drew to a close.

“He had earned a dream job on the faculty of the Darden School of Business at the University of Virginia, published several well-received business books and was in high demand as a corporate consultant, known for his expertise in strategic partnerships, marketing and supply chain management.

“He was, according to longtime colleague and fellow Darden professor Paul Farris, ‘one of the favorite professors at Darden.’

“’Robert was so at home in the classroom, so comfortable with students and had an inexhaustible supply of stories and jokes to illustrate his points,’ Farris said. ‘He had a connection with students that very few faculty are able to achieve.’”

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Matt Rosebaugh. Courtesy Ohio State

Ohio State MBA Student Named Tillman Scholar

News from Ohio State University Fisher College of Business

“An Ohio State University graduate student has been named a 2018 Tillman Scholar. Matt Rosebaugh is an MBA student in the Max M. Fisher College of Business, is one of just 60 scholars selected by the Pat Tillman Foundation for the prestigious award.

 

 

“In recognition of their service, leadership and potential, the newly selected class will receive more than $1.3 million in scholarship funding to pursue higher education and continue their service in the fields of medicine, law, business, policy, technology, education and the arts.

“Rosebaugh enlisted in the Army in 2002, wanting to make an impact after watching the events of September 11, 2001. He served 15 years of active duty and reserve time, including one long-term deployment in support of Operation Enduring Freedom and several short-duration special operations contingency missions. During his service, he earned many military honors, including the Bronze Star and Meritorious Service Medals.”

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96% Of U.S. Professionals Say They Need Flexibility, But Only 47% Have It

News from Harvard Business School

“Employers today know that employees want flexibility, and many companies say they offer it. But there are lots of people out there who need flexibility but don’t have access to it.

“In our study on flexibility in the modern workforce, we set out to determine whether a gap exists between flexibility supply and demand. In other words, how many people need flexibility, and how many people actually have it? To find out, we surveyed 1,583 white-collar professionals representative of the U.S. workforce at large.”

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The Technologies Senior Leaders Plan To Deploy In The Coming Years

News from INSEAD

“Despite all the hype, augmented reality, virtual reality, mixed reality, blockchain and 3D printing have had a small impact on businesses in the last few years. Big data analytics has had the biggest impact, according to a survey I conducted with my colleague Nathan Furr of 317 INSEAD MBA alumni and participants in our Executive Education programmes. Our respondents were mostly senior executives and around 50 percent of them worked in large companies.

“Big data analytics, cloud and machine learning have all had a significant impact on business in the past two years. Big data analytics seems to have changed almost all business areas (creation of new revenues, core business protection, improvements in operational efficiency, new customer acquisition, increased retention and loyalty of existing customers). Cloud computing primarily helped improve operational efficiency.”

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At the annual Eliot Society dinner in April, John Berg (seated), who served as vice chancellor for admissions for over 20 years, received the Search Award. Photo: Joe Angeles/Washington University

Eliot Society Members Gather To Celebrate University’s Accomplishments

News from Washington University in St. Louis Olin Business School

“The 51st annual William Greenleaf Eliot Society dinner honored Washington University in St. Louis’ group of dedicated supporters for their contributions toward advancing its institutional mission. The event took place April 19 at the Ritz-Carlton Hotel.

“Eliot Society members provide the largest source of unrestricted gifts to the university and are leaders in supporting the annual fund. Members help the university address a broad range of critical needs, including scholarships, student assistance programs, educational resources, faculty development and recruitment, and facility improvements. At last count there were 10,310 members.

“Eliot Society President Merry Mosbacher, who earned a master’s in business administration in 1982 from the Olin Business School, welcomed more than 700 guests and acknowledged members’ integral role in the university’s current campaign.”

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